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Nutanix's stock is down after HPE says there are 'no discussions' for an acquisition

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Shares of Nutanix Inc. undefined tumbled 6% Friday after long-rumored acquirer Hewlett Packard Enterprise Co. undefined told MarketWatch there are "no...

Shares of Nutanix Inc. tumbled 6% Friday after long-rumored acquirer Hewlett Packard Enterprise Co. told MarketWatch there are"no discussions" to buy the cloud-computing company. Earlier this month, Bloomberg reported HPE held on-and-off talks with Nutanix following pressure from hedge fund investor Legion Partners Asset Management for Nutanix to explore a sale."We don't comment on rumors or speculation," an Nutanix spokesperson told MarketWatch.

... Shares of Nutanix Inc. NTNX tumbled 6% Friday after long-rumored acquirer Hewlett Packard Enterprise Co. HPE told MarketWatch there are"no discussions" to buy the cloud-computing company. Earlier this month, Bloomberg reported HPE held on-and-off talks with Nutanix following pressure from hedge fund investor Legion Partners Asset Management for Nutanix to explore a sale."We don't comment on rumors or speculation," an Nutanix spokesperson told MarketWatch.

 

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Ouch, to stock price. One of the best technology solutions in the last 20 years, coupled with worst management team in 40 year's!

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